Archer Daniels Midland Company

'L' cars, whiskey, soybeans and more: Illinois products could be socked by Chinese tariffs as trade dispute escalates

'L' cars, whiskey, soybeans and more: Illinois products could be socked by Chinese tariffs as trade dispute escalates

In an escalating trade dispute with President Donald Trump, China on Wednesday proposed an additional round of tariffs on $50 billion worth of U.S. exports, a move that could affect Illinois businesses ranging from downstate soybean farmers to Chicago whiskey-makers and a host of other companies.

The move by China followed the Trump administration’s announcement Tuesday night of its own tariff proposal, which would be levied on 1,300 Chinese imports. Together, if implemented, the trade maneuvering by the two countries promises to drive up the...

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